U D A A N

Business Plan Competition 2022-23

Great opportunity to setup own business at Amethi

Sponsored by


Announcement of Winners/Runner-up for Business Plan Competitation 2023

under the banner of

Project Amethi: Education and Inclusive Development

About

This business plan competition is open to all the residents of Amethi District below the age of 35. If you have any business idea, you are encouraged to participate in RGIPT’s business plan competition. RGIPT offers you a platform to present your business idea. Those who succeed in competition may get an opportunity to incubate their business idea. Further, experts at RGIPT can help to enhance entrepreneurial and commercial potential of these business ideas. The institute may also facilitate in linking successful incubator to government agencies to help them in growing their business. Benefits are summarized in the prize section below.

Inspire

Inspire people of Amethi to come forward with Innovative Ideas

Devlope

Develope a Business & Commercial Skill to enhance entrepreneurship

Learn

Learn to develop blue print of Business Model

Motivate

Motivate participants for Entrepreneurship

Participants

Group A: All students studying at various colleges of districts under 150km

Group B: All the other residents of districts under 150km (below the age of 35, and intermediate/ higher secondary examination (10+2) pass) who are not studying in any colleges, including housewives

Group C: All students of RGIPT

Note: Participants individually or in a group (maximum 5) can submit a plan. An individual can submit maximum two proposals individually or with group

Registration



Business Plan Proposal

A business plan is a formal statement of business goals. It is a roadmap for your business that outlines goals and details how you plan to achieve those goals. A business plan proposal should consist of following:

COVER PAGE — one page (Name of team leader and team members should be mentioned on cover page with the title of business plan)

TABLE OF CONTENTS — one page

BODY OF PLAN — six pages (maximum), containing the following:

  • Conceptualization of Business Model
  • Product/ Service Plan
  • Technological Viability
  • Financial Projections
  • Marketing Plan
  • Management Team

Plans should be submitted as a single, printable PDF/Word file. Page format is 1.0-line spacing with 1.0-inch top, bottom, left and right margins, and 12-point font. This line spacing and font requirement applies to the textual content of the document and not to titles and descriptions accompanying pictures, graphs, tables or worksheets. All pages must be numbered excluding the cover page. The business plan should be limited to 09 pages.


Important Dates

Registration Begins: 12th December 2022 (Monday)

Registration Ends: 17th February 2023 (Friday)

Last date of Business Proposal Submission: 3rd March 2023 (Friday)

Announcement of list of selected proposals for presentation: 13th March 2023 (Monday)

Presentation of business plan: 20th March 2023 (Monday)

Announcement of Results: 24th March 2023 (Friday)

Prize

Group A

  • Winner : Rs. 25,000/-
  • Runner-up : Rs. 15,000/-

Group B

  • Winner : Rs. 25,000/-
  • Runner-up : Rs. 15,000/-

Group C

  • Winner : Rs. 25,000/-
  • Runner-up : Rs. 15,000/-

Terms and Conditions

By submitting an application, each applicant represents and warrants that:

  1. Information given by the applicant are correct to the best of his/her knowledge.
  2. The plans contained in such application are, and will be, original to the applicant and will not infringe upon the rights, including privacy and intellectual property rights, of any third party.
  3. Incomplete applications will not be considered for competition.